Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

On April 14, 1994, Bill Shaw, retired policeman, offered to sell Thurgood his 1965 Mustang convertible for $1,000. Thurgood responded, “That’s a ridiculous price for thirty year old car – forget it!” Later, Thurgood told friend regarding the offer, and the friend tells him the car is worth at least $3,500. Thurgood straight away telephones Shaw and says, “I’ve reconsidered and I admit your offer.” Shaw says, “Forget it. The price is now $3,500.” If Thurgood sues Shaw for breach of contract, will he be successful?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M914174

Have any Question?


Related Questions in Business Management

With the affordable care act what are the exchanges and how

With the affordable care act, what are the exchanges and How are different states approaching them?

Do you agree that the pace of technology change is

Do you agree that the pace of technology change is relentless? What do you think that means to most business professionals? to most organizations?

Suppose the schoof company has this book value balance

Suppose the Schoof Company has this book value balance sheet: The notes payable are to banks, and the interest rate on this debt is 10%, the same as the rate on new bank loans. These bank loans are not used for seasonal ...

Identify three leadership traits from the trait theory you

Identify three leadership traits from the Trait Theory you feel you do or do not possess. You may identify three that you do possess, or three that you do not possess, or one you possess and two you do not possess, etc. ...

Read the case history and discuss the management strategy

Read the case history and discuss the Management strategy that resulted in Reader's Digest's bankruptcy.How would you change the strategy that resulted from the bankruptcy? Case Study - A Reader's Digest That Grandma Nev ...

Examine the main different types of values that a company

Examine the main different types of values that a company could seek to maximize. Give your opinion as to whether or not a company should maximize its profits or social good, when these two (2) are in conflict. Provide a ...

Under the behavioral school of management what would you

Under the behavioral school of management, what would you consider as the "red tape"?

Can you show me the details in setting up a calculator

Can you show me the details in setting up a calculator funtion either using Python or Flowchart model using multiplication , add, subtract and minus.

A cartel is branch of an oligopoly there are still a

A cartel is branch of an oligopoly. There are still a handful of large firms and many smaller firms. For instance, the diamond industry and the petroleum industries are examples are oligopolies. However, the main differe ...

Imagine that your team has a very passionate but powerful

Imagine that your team has a very passionate but powerful older team member who often speaks over others. You know you need to keep everyone equal in the team if you are to hold effective meetings to solve customer servi ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As